Octopus Energy Tariffs 2026

Compare the best Octopus Energy plans and find the right tariff for your home.

Best suited to homes on standard variable tariffs, EV owners, or anyone whose energy fix is ending soon.

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Octopus Energy Tariff Comparison

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Tariff Name Type Standing Charge Unit Rate Exit Fees Key Benefits
Octopus Flexible Variable Elec: ~56–58p/day
Gas: ~28–30p/day
Elec: ~24.5–25.0p/kWh
Gas: ~5.6–5.8p/kWh
No exit fees Prices follow Ofgem price cap (rates updated April 2026)
Octopus 12–14M Fixed Fixed Elec: ~50–62p/day
Gas: ~28–34p/day
Region‑dependent electricity & gas rates ~£75 per fuel Price certainty for the tariff term
Octopus Go Smart Elec: ~55–66p/day Off‑peak: ~7–9p/kWh
Peak: ~24–30p/kWh
Check plan terms Cheap overnight EV charging
Intelligent Octopus Smart Elec: ~55–66p/day Off‑peak: ~7p/kWh
Peak varies
Check plan terms Automated smart EV charging
Octopus Tracker Dynamic Elec: ~50–65p/day
Gas: ~28–34p/day
Daily wholesale‑linked pricing Typically none Transparent market‑based pricing

Detailed Tariff Breakdown

Octopus Flexible

The Octopus Flexible tariff is a variable-rate plan linked to the Ofgem price cap. From April 2026, the current average cap rates are approximately 24.7p/kWh electricity and 5.7p/kWh gas, with standing charges around 57p/day (elec) and 29p/day (gas). Octopus applies these reductions automatically, and there are no exit fees.

Octopus 12–14M Fixed

The Fixed tariff offers predictable billing by locking in unit rates and standing charges for the term. Following the April 2026 price cap update, Octopus has applied the policy‑driven reductions to existing fixed deals. Note that, from early March 2026, new fixed tariffs include exit fees (typically ~£75 per fuel) if you leave early.

Octopus Go

Octopus Go is ideal for EV owners, with an ultra‑low overnight electricity price window (often ~7–9p/kWh; varies by region and plan version). Gas usage (if applicable) is billed separately on Octopus’s standard variable gas tariff.

Intelligent Octopus

This smart EV tariff automatically schedules charging into cheap windows (often ~7p/kWh off‑peak). Peak rates vary; check your specific plan.

Octopus Tracker

The Octopus Tracker follows daily wholesale prices for electricity and/or gas. It can undercut the cap during benign markets but may rise during volatility. Typically no exit fees.

Regional Pricing Differences

Energy prices in the UK vary by region due to distribution network costs, so standing charges and unit rates differ. For the most accurate pricing for your area, request a personalised quote.

How to Switch to Octopus Energy

Switching to Octopus Energy is quick and hassle free. Use our referral link below to get a personalised electricity and gas quote and receive £50 credit when you switch. If choosing a fixed tariff in March, review the exit fees before confirming.

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Is it worth switching to Octopus Energy in 2026?

For households on standard variable tariffs or whose fix is ending, Octopus Energy is often competitive due to transparent pricing, smart tariffs for EV owners, and no exit fees on Flexible tariffs. From April 2026, the latest price cap reductions have lowered costs for households on variable tariffs.

Last updated: April 2026

Why Choose Octopus Energy?

  • 100% Renewable Electricity
  • Competitive Gas & Electricity Pricing
  • No Exit Fees on Flexible (variable) Tariffs
  • April 2026 price cap reductions applied automatically
  • Award‑Winning Customer Service
  • Smart Tariffs for EVs & Solar

Need Help Choosing?

Prices vary by region and usage. Get an accurate electricity and gas quote tailored to your home.

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